Power Today |
Advertise Here [728 W x 90 H pixels]
News Brief | January 2015

India, Mozambique ink MoU for oil, gas cooperation

India and Mozambique have signed a memorandum of understanding (MoU) for cooperation in the oil and gas sector for a period of five years, the petroleum ministry has said in a statement. The MoU was signed at a meeting between Petroleum Minister Dharmendra Pradhan and Mozambique´s Minister of Foreign Affairs Oldemiro Julio Marques Baloi. Indian public sector companies have participating interest in Mozambique´s gas fields. ´Both the countries have traditional links which have grown from strength to strength over the years,´ Pradhan told the visiting foreign dignitary, the statement said. The Union Cabinet on October 29 has approved the MoU between both countries. It seeks cooperation in oil and gas in both upstream and downstream sectors in the areas of enhancing capacity-building, forging closer cooperation between research and training centres and intensifying technology transfer, among others. ´Mozambique is strategically located near India and is ideally suited for bringing natural gas to India at market-determined price. Participation of Indian energy companies in the project will facilitate access to LNG for the growing Indian gas market,´ the Cabinet approval read.
Post your comment
Verification Code:   Change Image


Posted Comment
1 .     Yogesh Says:
17 Oct 2016
I wish to start pvc / pp electric wire unit in Delhi. What kind of information I can get if I subscribe for your magazine

2 .     Sarfaraj Bilakhiya Says:
20 Sep 2016
Pls invite me all auction in gujarat

3 .     k.natarajan Says:
20 Jun 2016
we are doing business developing for solar power ,thermal power , customer supporting and we have 45 mw splar power on hand needs investors..... thanks lot pls call +910842559230 +919842753550

Advertise Here [728 W x 90 H pixels]